The diplomatic standoff between France and Algeria has escalated into a retaliatory spiral, with Paris now reportedly preparing to freeze the assets of 20 senior Algerian regime figures, according to French media outlets including L’Express. The measure, currently under review by the French Ministries of Foreign Affairs and Interior, would mirror the sanctions imposed on […]
The Japanese company Univergy Solar has announced it will invest $200 million in Zambia to carry out two solar photovoltaic projects. The investment will enable the new independent power producer (IPP) to build two photovoltaic solar power plants. The first plant will be located in northern Zambia, with a capacity of 135 MWp. The second, […]
Algeria continues to lag behind in economic freedom according to a 2019 World Economic Freedom report by Fraser Institute, which underscored the lack of reforms in the oil rich country. The Canadian Fraser Institute pointed out to the plummeting economic freedom in Algeria, which ranked 159 out of 169 surveyed countries. Algeria only outperformed three […]
